What should investors expect from the Federal Reserve after latest jobs data?
The post What should investors expect from the Federal Reserve after latest jobs data? appeared on BitcoinEthereumNews.com.
Investors looking at the Federal Reserve after the latest jobs data got a rough answer on Friday. The labor market is getting weaker, inflation is still above the Fed’s 2% target, and officials now have less room to sound comfortable. The Bureau of Labor Statistics said nonfarm payrolls fell by 92,000 in February. Economists had expected a gain of 50,000. It was the third jobs drop in the past five months. That report set up a sharp debate inside the Fed. Mary Daly, Stephen Miran, and Michelle Bowman all reacted Friday, and all three comments mattered because officials meet again on March 17-18 in Washington. Mary Daly says weak February hiring is forcing the Fed to weigh jobs against inflation San Francisco Federal Reserve President Mary Daly said Friday that the weak February jobs report had made policymaking harder. In an interview on Friday, Mary did not commit to a position on rates. She said the labor market is softening while inflation is still above target, and that makes the next decision more difficult. Mary said, “This jobs market report has got my attention.” She also said, “I don’t think you can look through this report, but I also don’t think you should make more of it than one month of data.” Mary also compared the current moment with 2019, when inflation was below target and rate cuts were easier to justify. She said this time is different because inflation has stayed above target for some time. Mary said, “It’s a very different universe than when we have inflation below our target.” She added, “But right now we have inflation printing above target. It’s been printing above target for some time, so it’s really a balance of risks calculation, and I hope the 75 basis points we did last year…
Filed under: News - @ March 7, 2026 12:28 am